Yeast has a rich natural nutrition system. In recent years, yeast was
used more widely. It is not only limited to food fermentation but also
used in many other fields such as animal feed, seasoning and pharmacy.

China's yeast production is occupied by high active dry yeast, its
output accounts for more than 50% of the total yeast output. Feed yeast
accounts for 15% of total output and is the second largest category of
yeast in China.

Chinese yeast market concentration degree is relatively high, the
leading enterprises have bargaining power. There are about eighteen
yeast factories in China, among these factories, Angel Yeast, AB Mauri
and Lesaffre own twelve factories, the production capacity accounts for
82%. Market competition is mainly focused on the oligopolistic
competition between the joint venture of Mauri and Lesaffre and Angel
Yeast.